The Real Deal Miami

Biggest price cut of the day

December 18, 2009 06:29PM

10 Edgewater Drive

The South Florida home to see the biggest price cut today is a four-bedroom, three-bathroom condo at the Gables Condo at 10 Edgewater Drive, according to data from Condo Vultures Realty. The $7.2 million Miami-Dade County home, apartment 15A, saw a $450,000, or 6 percent, price cut. It was originally listed for $8.9 million when it hit the market in February. The 7,500-square-foot home has ocean views and a paneled library. Helen Nicastri of Coldwell Banker Residential Real Estate has the listing. (Condo Vultures data includes condos and single-family home listings in the main metropolitan areas of Miami, Fort Lauderdale, West Palm Beach and Key West that are priced at $1 million and above, and that include photographs. Listings are taken from the South Florida MLS.) TRD